Safeguard your success with operational risk management
Effective operational risk management can help your organization maintain a trustworthy reputation and secure your overall success. And in today’s continually changing business environment, those factors are more important — and challenging to obtain — than ever.
Wipfli can help your organization identify, prioritize and mitigate your operational risks with an approach aligned to your strategic plan. Our experienced team of consultants and accountants is ready to provide comprehensive support for a variety of industries so that you can build a more resilient and strategy-driven organization.
Why Wipfli?
Developing policies and pressure-testing programs takes innovation and collaboration along with a strong, strategic mindset. Wipfli’s team brings a unique perspective — and decades of experience — working with clients to bring together their people, processes and technology to securely drive success and value.
How we help
Wipfli can help your organization gain new insight into your risks and the controls needed to manage them. Our internal controls teamcollaborates closely with your organization to evaluate your current controls and help you enhance them with best practices and real-world examples that meet your organization’s unique needs.
Take a proactive approach to your risk policies and procedures with Wipfli. Our team works closely with you to understand your organization, identify your existing risk, assess your risk management and evaluate your compliance efforts. We help give you confidence that your internal processes are keeping your operations compliant and aligned with your strategic objectives.
Wipfli can help you create a risk management program tailored to your organization’s unique needs and goals. If you have an existing program, we can help you ensure that it is working effectively to identify, measure, monitor and control risk.
We also provide model validation services using a systematic analytical model validation approach. The core elements of our validation activities include:
- The evaluation of the model’s conceptual soundness, including developmental evidence.
- Ongoing monitoring, including process verification and benchmarking.
- An outcomes analysis, including backtesting.
Keep your organization secure while adopting the latest technology with Wipfli’s technology risk advisory services. We provide support in key areas, including cybersecurity and data governance, so that you can effectively manage risks and regulatory requirements.
Our team
Durward J. Ferland, Jr., CISA, CISM, CRISC
Durward has extensive knowledge of System and Controls (SOC) auditing and the Control Objectives for Information and Related Technology (COBIT). Leveraging over 18 years of IT experience, he also regularly performs IT audits, IT general control reviews, and readiness assessments for organizations across many industries.
Sarah G. Lutzke, CIA
Sarah leads the internal audit service line for Wipfli. Still deeply involved with her clients, Sarah leads outsourced internal audit engagements and manages co-sourced arrangements, ensuring Wipfli’s risk management consulting assistance is tailored to the individual circumstances of each client. Sarah has the experience and ability to evaluate controls within a process and provide sensible recommendations to strengthen operating environments.
Carrie Connell, CPA
Carrie has over 15 years of experience in assisting clients with Sarbanes-Oxley Section 404 compliance for accelerated filers and smaller reporting companies, FDICIA compliance, and operational and financial internal audits. She helps both public and private financial institutions ready themselves for and comply with SOX/404 and FDICIA reporting requirements and provides ongoing consultative advice to clients to continuously improve their programs.
Improving internal controls
Learn how we helped one business lower fraud risk and gain peace of mind.
